Li Shufu was born in 1963 in Taizhou Zhejiang province. He graduated from Harbin University of Science and Technology with a bachelor’s degree in Management Engineering as well as a PHD degree in Mechanical Engineering from Yanshan University. He is a Senior Economist, Vice Chairman of China Association of Automobile Manufacturers (CAAM), Vice Chairman of the Chinese Non-government Education Association, and member of Chinese People's Political Consultative Conference .Mr. Li started his business from fridge and fridge parts manufacturing in 1986 and then into the motorcycle manufacturing in 1993. In1997, he entered into the auto manufacturing industry. It has been more than two decades that Mr. has been fully devoted himself to the development of Chinese auto industry and education cause. Geely Holding Group, founded by Mr. Li, is the fastest growing private auto company in China.Under Mr. Li’s leadership, for many years Geely has been insisting on independent innovation. There have been many great core-technology breakthroughs for engine and transmission manufacturing. With the help of strategic transformation, Geely has developed a series of independently owned brands which are well embraced by the market and enter into the international market step by step. On Mar 28, 2010, Geely Holding Group and Ford signed the acquisition agreement which indicated 100% of the Volvo shareholding will be acquired by Geely and the deal was closed on Aug 2, 2010.Mr. Li has been recognized as “Top 10 Private Entrepreneurs in China”, “Outstanding Figures in Chinese Automotive Industry”, “Top 10 Philanthropists in China”, and “2009 CCTV Annual Economic Figure” etc.